Dakota County Historical Society Inc Dakota County Museum

Analysis

Dakota County Historical Society Inc Dakota County Museum is a registered charity in United States, based in South St Paul, MN. It received its IRS tax-exemption ruling in May 1978, 48 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dakota County Historical Society Inc Dakota County Museum reported income of $472k and spending of $494k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $360k to $472k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dakota County Historical Society Inc Dakota County Museum sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Cheyenne Little Theater Players ($471k), Clayspace NFP ($472k) and World Fandom ($471k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $63k (13% of expenses). Other salaries and wages came to $156k. At year end it held assets of $696k against liabilities of $464k, net assets of $232k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.